New Delhi, Oct. 19 -- The much-anticipated Jio Platforms IPO is set to open for subscription on Wednesday, 21 October. The Mukesh Ambani-led company is planning to raise Rs.30,213 crore through the public issue.

The Jio Platforms IPO will remain for bidding till Friday, 23 October, with shares likely to be listed on Wednesday, 28 October, on both BSE and NSE.

Jio Platforms IPO is commanding a strong premium in the grey market ahead of opening for subscription, according to market observers. The GMP of Jio Platforms IPO stood at Rs.253, as per Investorgain.

According to GMP trends, the estimated listing price of Jio Platforms IPO is likely to be Rs.1372, which is 22.61% higher than the IPO price band of Rs.1119.

Jio Platforms IPO is en...